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2/11/2016
Q4 Results Announced
Ultralife Corporation reported operating income of $0.5 million on revenue of $19.3 million for the quarter ended December 31, 2015. For total-year 2015, Ultralife produced operating income of $3.3 million on revenue of $76.4 million. "Fiscal 2015 was a strong year for Ultralife," said Michael D. Popielec, Ultralife's President and Chief Executive Officer. "We achieved our objective of producing profitable revenue growth by increasing revenue 15%, expanding gross margin 140 basis points to 30.5% and turning earnings per share to a positive $0.18."

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1/13/2016
Ultralife Acquires Accutronics Ltd.
Ultralife Corporation has acquired all of the outstanding shares of Accutronics Ltd., for £7.575 million (approximately $11.0 million) in cash, subject to customary working capital and net cash/debt adjustments. Based in Newcastle-under-Lyme, U.K., Accutronics Ltd. is a leading independent designer and manufacturer of smart batteries and charger systems for high-performance, feature-laden portable and handheld electronic devices.

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